Year: 2024

Grabbing attention in the crypto sphere, a long-dormant Ethereum investor has resurfaced with a significant transaction, marking their first activity in nearly ten years. According to insights from Lookonchain, a prominent blockchain analytics platform, an early participant in Ethereum’s initial coin offering (ICO) has initiated the transfer of 238.75 ETH, valued at approximately $770,000, to…

Findings from Bybit’s research shed light on an increasing sense of optimism among institutional investors regarding Ether, buoyed by the anticipated favorable outcomes of the forthcoming Dencun upgrade on the Ethereum blockchain. Scheduled for implementation on March 13, Dencun is poised to introduce a range of Ethereum Improvement Proposals (EIPs), with a notable focus on…

New Class Action Lawsuit Against Ripple:Several crypto news outlets are buzzing with reports of Ripple facing a fresh class action lawsuit concerning its XRP sales. The lawsuit, which has garnered attention across various platforms, alleges violations of federal and California securities laws in relation to the offering and sale of XRP. Fox Business journalist Eleanor…

1. New Yearly High The upward momentum of the ETH rally shows no signs of abating. Today, the price surged beyond $3,200, marking another milestone in its upward trajectory. However, this surge was followed by a brief pullback. Notably, the key resistance level at $3,340 looms close, presenting a potential opportunity for sellers to re-enter…

Bitcoin has surged beyond its recent trading range, potentially signaling the formation of a bull flag pattern. Within the last 8 hours, the cryptocurrency experienced a notable upswing, climbing from lows of approximately $50,950 to highs around $53,640. This surge brought Bitcoin to its highest trading level since 2021. However, as of the latest update,…

OpenSea, once celebrated as the preeminent platform in the NFT marketplace, has recently faced backlash after opting to remove NFT passes associated with the Web3 game OpenSeason. This controversial action has sparked intense debates within both the cryptocurrency and gaming communities, shedding light on the conflict between the platform’s regulatory compliance measures and the overarching…

BlackRock’s IBIT dominated more than half of the daily trading volume and even surpassed its own daily record by over 30%. Trading volumes for the “new nine” spot Bitcoin exchange-traded funds (ETFs) reached a new daily high as Bitcoin surged to as high as $54,938 on Monday. According to data shared by Bloomberg ETF analyst…

A Mysterious Bitcoin Accumulator Cryptocurrency analysts are intrigued by the activities of an unidentified entity known as “Mr. 100,” who has been steadily accumulating Bitcoin (BTC) in large quantities. Since February 14th, “Mr. 100” has been consistently purchasing 100 BTC almost every day, even on weekends, amassing a staggering total of 3,806.54 BTC within a…

quick take Ethereum futures interest reaches $10.6 billion fueled by hope for an ETF; Ether sees a 38.5% rise in the past 30 days. Analysts assign a 50% probability for an Ether ETF approval; capital flows toward platforms like EigenLayer. Derivatives indicate a robust market; with a futures premium of 15% and options demonstrating a…